By Mary Humphreys

Guernsey is increasingly being considered as a jurisdiction of choice for family offices (FO) who wish to take advantage of the services of our specialist wealth management and fiduciary sector.

The provision of FO services in Guernsey is not new as the island is home to a wide range of trustee, banking and investment management services who have been servicing high net worth individuals and their families both domestically and internationally, for over 5 decades.

WHY IS GUERNSEY AN ATTRACTIVE JURISDICTION?

There are many single and multiple FO located in Guernsey as the jurisdiction has always been attractive due to its:

WHY CHOOSE ARTEMIS?

Artemis is a privately owned and truly independent fiduciary services provider specialising in private client services including trust and company administration. We take a global view, navigating international regulations, compliance requirements and multi-jurisdictional structures for modern families. We provide bespoke, effective and professional solutions tailored to our clients’ needs.

Our independence means we can collaborate with trusted professionals such as lawyers, investment managers and tax advisers to offer clients a bespoke service without conflict. We are expert trust and estate practitioners, using our combined knowledge of complex family matters for the benefit of our clients.

LIFESTYLE AND CONCIERGE

We appreciate that the needs of our FO clients vary considerably, we are able to tailor a range of services which are designed to fulfil all of the needs of a family that sit outside of Wealth, Investments and Asset Management.

Most traditional FO’s tend to focus on providing a range of advisory services directly linked to core financial disciplines such as the growth of preservation of wealth and the management of financial assets. At Artemis we can adapt our portfolio of services to make life related matters less daunting, whether its property purchase and management, staff recruitments, management and payroll, travel management, relation assistance, at Artemis we are able to help with it all.

THE DIFFERENT ELEMENTS OF FO’s

Through our work to date with our current families we are aware that sometimes a FO can essentially be a PA service, whereby the family needs help with daily life administration from letters to arranging flights or finding new doggy day-care to pamper the furry members of their families.

However, as the needs of our families become more complex, the emphasis moves beyond this to be more concierge or lifestyle assistance, whereby we assist with household staff management, insurance across their various homes and assets, coordinating philanthropic activities. By the very nature of this role, we like to work hand in hand with our families, building a deep understanding of their needs.

Finally, we get to the full-service FO, whereby we offer a comprehensive suite of services in order to provide a holistic one-stop offering.

In summary, Guernsey is well placed to be the jurisdiction of choice for any family office which values quality, privacy, substance, stability and security. Artemis is well known for our discrete holistic approach as we offer experience, excellence and professionalism in our service combined with choice and flexibility in the structures available for holding and managing private wealth and investments.

For further information, contact Sarah Guilbert, Client Director by telephone on 01481 746025 or by email at sarah.guilbert@artemisci.com.